The California pension plan also increased its interim allocation to real assets to 13% from 12%.
2 min read · 20 December 2016
PEI sat down at the beginning of the year with the Massachusetts Pension Reserves Investment Management Board’s CIO Michael Trotsky and its director of private equity Michael Bailey to discuss one of the best performing PE programmes in the US.
8 min read · 20 December 2016
Fundraising figures for 2016 are already higher than the previous year, and include three funds closing above the $10bn mark.
2 min read · 19 December 2016
The fund, which targets food and agribusiness companies mainly in China, will close above its $400m target.
2 min read · 19 December 2016
The growth firm has added a seasoned Colombian businessman to its roaster of senior advisors.
1 min read · 16 December 2016
Steep valuations in the mid-market are hitting deal and exit activity.
3 min read · 15 December 2016
A lack of exits is slowing down fundraising, and firms in the space have to think carefully about how – and whether – to market in Europe.
2 min read · 15 December 2016
Breakthrough Energy Ventures will invest in clean energy opportunities that reduce carbon emissions.
2 min read · 14 December 2016
The industry creates jobs and benefits retirees, says the American Investment Council, rejecting claims it is about making the ‘superrich even richer’.
2 min read · 13 December 2016
Probitas Partners’ latest institutional investors survey found that limited partners are still flocking to mid-market funds despite expectations of falling returns.
2 min read · 07 December 2016
